The probability of the Federal Reserve raising interest rates by 25 basis points in September is 73.6%.
According to CME's "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged until September is 26.4%, while the probability of a cumulative increase of 25 basis points is 73.6%. The probability that the Federal Reserve will keep interest rates unchanged until October is 19.9%, with a cumulative increase of 25 basis points at 62.1%, and a cumulative increase of 50 basis points at 17.9%.
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